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Market Comment Mortgage bond prices finished the week higher which put downward pressure on rates. Rates improved gradually throughout the week. Tariffs dominated headlines and sent stock prices plummeting lower. Flight to safety buying of US Treasuries and MBSs was the primary reason for the downward pressure on rates. The data was mixed but was … Continue reading MIG Market Watch, April 7th, 2025
How Do They Impact Your Mortgage? When securing a home loan, you may come across the term “funding fee.” While not all mortgages have one, understanding how funding fees work is essential, especially if you’re considering a government-backed loan such as a VA or FHA loan. A funding fee is a one-time charge that helps … Continue reading Funding Fees
The first quarter of 2025 delivered a complex but cautiously optimistic economic picture. While inflation remains elevated and job growth is showing signs of cooling, these crosscurrents are fueling expectations that the Federal Reserve may soon have room to ease interest rates—potentially unlocking new momentum in the housing market. Inflation continued to edge higher in … Continue reading Economic Snapshot: Signs of a Softer Landing
April is National Fair Housing Month, a time to recognize the importance of equal housing opportunities for all. This observance commemorates the passage of the Fair Housing Act in 1968, which protects individuals from discrimination when renting, buying, or securing financing for housing. As a mortgage lender, we believe in ensuring that all homebuyers have … Continue reading National Fair Housing Month & What It Means for Homebuyers
